Do my aftermarket parts get counted on an auto claim?

Do my aftermarket parts get counted on an auto claim?

Ok, so a week ago or so I wrecked my car, didnt seem to bad at the time but I guess most of the damage wasnt visible and now they are trying to pay me for the car to be salvaged minus $500 deductible. Im fine with that, however, I have in the car a lot of aftermarket parts, first off my radio, but im sure i will be alloted some time to get that and my speakers out, I also have a cold air intake installed ($300) as well as aftermarket rims and tires ($1700), Is the insurance company at least supposed to pay for some of this as well? I cant very easily just take the wheels, but if it comes down to that I sure will, none the less defiantly not accepting their offer until they go up somewhat for that fact. Thanks all in advance, by the way the insurance co. is USAA, if you have any experience with what Im asking.

Scott

If you notified USAA and included the upgrades on your policy, and paid the extra premiums to do so, there should be no problem (Radio might be the exception). If you did not, you can return the original wheels and other parts and keep your upgrades, again, there should be no problem.But you do not get to have things paid for that you have not included on your policy, the term for that is "insurance fraud".If you no longer have the original parts (bad idea), you will have to talk with USAA about removing parts. The value between no wheels and stock wheels is minimal, but you will need their written consent (or that of a salvage buyer).

Rob

Scott is correct. A typical auto insurance policy covers fair market value in the event of a total loss (salvage). Fair market value generally means stock or with factory installed options and what it is going for "on the market" today -- not what you paid for it.You could have notified your insurance company about the aftermarket parts and paid additional premium. These type of auto insurance policies are commonly referred to as "Replacement Cost" policies. They cover the replacement cost of the vehicle and accessories. You mentioned your with USAA, they are legit and should work with you...talk with them before removing anything off the vehicle. Insurance fraud is serious business and is a felony. Good luck.

Ask

insurance

Popular Q&A

Does anyone know of any CHEAP auto insurance I can get in Virginia?
get yellow pages out and phone everyone for the best price!Source(s):easy++

Where can I find salvage motorcycles directly from the insurance company?
Wisconsin- Dane county area - has a cycle salvage yard that gets about 1/2 the odd wrecks in area directly from the insurance companies. They are license salvage and retail dealer. The other about 1/2 the wrecks go to auto salvage yards as side business - the insurance company has long establish...

What is the maximum penalty for grand larceny and grand theft auto for a juvenile in VA?
16 years old driving without a license, grand theft auto, destruction of government he is looking at time in Juvenile prison and it will probably be until 18, with a good lawyer he may get off with probation but very unlikely.}{

What is Islam's view on Auto Insurance?
The idea of insurance is that if everyone contributes a little bit to a community fund, then when an individual within the group has a crisis, the community can help the individual in need. This allows each individual in the group to spread the risk around.There is nothing specifically un-Islamic...

Does an injurer have to pay for the hospital bill?
It depends on the case.Let's say it is an automobile accident, and both parties are insured. If once side is clearly at fault, his or her insurance company will usually have to foot the medical bills on both sides up to deductible limits.If someone were to break their leg on your stairs because...